What Will Become of the Royal Edward Arms in Thunder Bay?

What will happen to this beautiful old hotel in Thunder Bay? It is for sale.

Here is the real estate description and the photograph they provide with the listing. No inside photos, which isn’t a good sign. It may look like an angel of white on the outside but be a disaster on the inside. That would be a great shame.

Multi-res/Investment opportunity. 56 suites plus commercial space, converted Royal Edward Hotel. See attached brochure for details. Features paved vacant parking lot.